This NordFX review outlines the broker’s global regulatory footprint, execution model, asset offering, and suitability for retail and professional clients. Operating since 2008, NordFX provides multi-asset CFD trading and investment products through the MetaTrader 4 platform and caters to traders in emerging and offshore markets.

Regulation and Safety

NordFX operates under two legal entities:

• NFX Capital VU Inc. – Regulated by the Vanuatu Financial Services Commission (VFSC), License No. 15008
• NordFX CY Ltd – Previously regulated by CySEC (License No. 209/13), now inactive

Client fund protections include:

• Segregated accounts with reputable banks
• Negative balance protection
• KYC/AML enforcement under VFSC compliance standards

No investor compensation scheme exists under Vanuatu regulation.

Execution Model and Trading Platforms

NordFX follows a hybrid execution model, combining STP and market maker routing depending on account type. Orders are either passed through to liquidity providers or executed internally.

Supported trading platform:

• MetaTrader 4 (MT4): Desktop, mobile, and web with support for EAs and signal trading

The broker offers fast execution speeds and supports scalping, hedging, and automated strategies. VPS hosting is available upon request.

Markets and Instruments

NordFX clients can access over 100 instruments, including:

• Forex – Over 30 currency pairs
• Metals – Gold and silver
• Indices – US30, GER30, UK100
• Cryptocurrencies – BTC, ETH, LTC, XRP, BCH
• Stocks – 68 US-listed companies via MT4

Accounts, Spreads and Leverage

NordFX offers three main account types:

• Fix Account: Fixed spreads from 2.0 pips, no commission, leverage up to 1:1000
• Pro Account: Floating spreads from 0.9 pips, zero commission, leverage up to 1:1000
• Zero Account: Raw spreads from 0.0 pips, $3 commission per side, leverage up to 1:300

Additional features:

• Minimum deposit: $10 (Fix), $250 (Pro), $500 (Zero)
• Stop-out level: 20%
• Islamic accounts available

Funding and Base Currencies

NordFX supports multiple payment methods:

• Bank wire transfers
• Credit/debit cards
• Skrill, Neteller, WebMoney, Perfect Money
• Cryptocurrency deposits – BTC, ETH, USDT

Base currencies include USD, BTC, ETH. Deposits are typically instant for e-wallets and crypto. Withdrawals are processed within 1 business day.

Client Protections and Features

While offshore-regulated, NordFX implements various protections:

• Segregated accounts and negative balance protection
• Secure MT4 login with encrypted credentials
• In-house compliance monitoring and anti-fraud protocols

Value-added features include PAMM/MAM services, trading signals, and investment products such as crypto staking and managed portfolios.

Institutional and Retail Offering

NordFX provides tailored services for both segments:

• Retail – MT4 trading, crypto CFDs, ultra-high leverage, copy trading
• Institutional – White-label solutions, multi-account management, affiliate programs

FIX API is not publicly advertised but may be available on request for institutional clients.

Pros

• Wide leverage options up to 1:1000
• Low minimum deposits and micro-lot trading
• Crypto and stock CFDs available
• Flexible funding methods including crypto
• PAMM and copy trading infrastructure

Cons

• VFSC regulation lacks top-tier investor protection
• Only MT4 platform supported
• Inactive CySEC license limits EU client protection
• No proprietary or advanced platforms

Frequently Asked Questions

Is NordFX regulated?

Yes, NordFX is regulated by the Vanuatu Financial Services Commission (VFSC), License No. 15008.

What platforms does NordFX support?

NordFX supports MetaTrader 4 on desktop, mobile, and web. No MT5 or proprietary platforms are offered.

What is the minimum deposit to open an account?

The minimum deposit is $10 for the Fix Account, $250 for Pro, and $500 for Zero.

Does NordFX offer cryptocurrency trading?

Yes, NordFX provides crypto CFD trading and also accepts crypto deposits in BTC, ETH, and USDT.

Is NordFX suitable for institutional clients?

Yes, NordFX offers white-label solutions, MAM/PAMM features, and affiliate programs for professional use cases.